2670 E Sunrise Blvd 419, Fort Lauderdale, FL 33304 — MLS photo

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2670 E Sunrise Blvd 419, Fort Lauderdale, FL 33304

Active · HotelMotel

$125,000

2670 E Sunrise Blvd 419, Fort Lauderdale, FL 33304

Beds
1
Baths
1
Living area
554 sq ft
$ / sq ft
$226/sq ft
Year built
1988
Lot size
—
HOA fee
$1,785 Monthly
Annual tax
$3,193

About this property

PRICE IMPROVEMENT! Fantastic Investment Opportunity. Fully furnished and equipped 1BR/1BA, this unit is located in the prestigious Gallery One – A DoubleTree Suites by Hilton Hotel. Enjoy resort-style living with great amenities, including an outdoor pool, spa tub, restaurant, fitness center, concierge services, business center, bar/lounge, event space, and more!! Ideally situated just a short walk from the famous Fort Lauderdale beaches, Galleria Mall, restaurants, and entertainment places. All utilities are included for hassle-free ownership! Currently part of the hotel rental program, but the new owner has the flexibility to opt out with just a 30-day notice after closing and manage their own rentals. Don’t miss this chance to own a versatile, income-producing property in a prime location!

Property location

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2670 E Sunrise Blvd 419, Fort Lauderdale, FL 33304

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
554 sq ft
Flooring
Carpet, Tile
Appliances
Dishwasher, Microwave, Refrigerator
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Bedroom On Main Level, Living Dining Room, Shower Only
Furnished
Furnished

Exterior & Structure

Property type
HotelMotel
Year built
1988
Stories
14
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Security High Impact Doors
Pool
Association
View
Other

Parking

Garage spaces
0
Covered spaces
0
Parking features
One Space, Valet

HOA, Community & Financials

Association fee
$1,785 Monthly
Fee inclusions
Internet, Pools, Security, Trash
Amenities
Business Center, Elevators, Laundry, Other, Pool
Security
Key Card Entry, Other, Smoke Detectors
Pets allowed
No
Annual tax
$3,193
Subdivision
GALLERY ONE CONDO
County
Broward
Days on market
577
MLS listing ID
A11768381
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,537

Cap rate
-9.1%
Net yield
-9.1%
Cash-on-cash return
-52.7%
Gross yield
12.9%
Mortgage payment
$593/mo
Down payment
$31,250
Loan amount
$93,750
Annual NOI
-$11,330

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.